Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Japanese company Yazaki, the world's largest producer of wiring harnesses, is to create over 850 jobs in its Romanian production units by the end of 2015. The company is expected to open two new production facilities in Urlati (Prahova county), in autumn 2014, and in Braila, October 2015. The Urlati plant is expected to hire 850 new employees by April 2015, while the Braila plant has plans to hire 1500 new staff by the end of 2016. The new production capacities will eventualy create 4,000 new jobs.
The Japanese auto parts manufacturer Yazaki has a business turnover of nearly 340 million euros in Romania and it employs 4700 people at two plants in Ploiesti and Arad and two workshops in Caracal and Timisoara.
Eurofound (2014), Yazaki Romania, Business expansion in Romania, factsheet number 78284, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/78284.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
